ADB approves $171 million loan to upgrade power supply network in Myanmar

The Asian Development Bank (ADB) has approved a $171.27 million loan to help Myanmar construct 44 medium-voltage substations and 1,006 km of distribution lines across Kayin state and the Ayeyarwady, east Bago, and Magway regions.

The accelerated rural electrification project will expand the electric grid to enable electrification of 400,300 households in 2,815 villages. It will also set up Myanmar’s first computerized distribution automation system, which will optimize power distribution through real-time monitoring and the management of network faults. The project will help the government provide stable and reliable electricity in rural areas, supporting inclusive economic growth, creating jobs, and contributing to Myanmar’s aspiration of achieving universal electricity access by 2030.